BFF Bank Put Under Closer Oversight as Italy’s Central Bank Probes Factoring and Accounting Issues

BFF Bank SpA ( (IT:BFF) ) has issued an update.

BFF Bank SpA has received a supervisory Measure from the Bank of Italy, which has appointed two commissioners to work alongside the board to help restore the bank’s operating and accounting framework. The intervention focuses on remedial actions in the factoring credit business and internal control systems, while the existing Board of Directors and Statutory Auditors retain full powers.

Ongoing inspections have identified issues in the factoring and lending segment, including the prudential classification of loans that could generate up to €1.3 billion in additional past due exposures, although these are public-sector loans with negligible loss given default and the bank still meets CET1 capital requirements. The bank is also addressing previously disclosed misrecording of collections and potential accounting anomalies, reviewing hundreds of millions of euros in ancillary payments and court-related exposures, and has been asked by the regulator to delay its 2025 financial statements to allow full quantification and remediation of these issues.

The most recent analyst rating on (IT:BFF) stock is a Hold with a EUR5.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.

More about BFF Bank SpA

BFF Bank SpA is an Italian specialist financial institution focused on factoring and lending, particularly serving the public sector. The bank’s business centers on managing trade receivables, offering credit management and related financial services where exposure to public-sector counterparties typically carries low loss given default.

YTD Price Performance: -66.53%

Average Trading Volume: 3,448,461

Technical Sentiment Signal: Sell

Current Market Cap: €599.8M

For detailed information about BFF stock, go to TipRanks’ Stock Analysis page.